189 Action on applications

DEPARTMENT OF BANKING

Action on Applications

[27 Pa.B. 739]

   The Department of Banking of the Commonwealth of Pennsylvania, under the authority contained in the act of November 30, 1965 (P. L. 847, No. 356), known as the Banking Code of 1965; the act of December 14, 1967 (P. L. 746, No. 345), known as the Savings Association Code of 1967; the act of May 15, 1933 (P. L. 565, No. 111), known as the Department of Banking Code; and the act of December 19, 1990 (P. L. 834, No. 198), known as the Credit Union Code, has taken the following action on applications received for the week ending January 28, 1997.

BANKING INSTITUTIONS

New Charter Applications

Date	Name of Bank		Location	Action
1-28-97	Northwest Interim Savings Bank I Warren Warren County		Warren	Filed
	Interim savings bank being formed in connection with the ''two-tier'' reorganization of Northwest Savings Bank, Warren.

Conversions

Date	Name of Institution		Location	Action
1-28-97	Wilbur Savings and Loan Association Bethlehem Northampton County		Bethlehem	Filed
	To:
	Wilbur Savings Bank Bethlehem Northampton County
	Application represents conversion from a State-chartered mutual savings and loan association to a State-chartered mutual savings bank.

Consolidations, Mergers and Absorptions

Date	Name of Bank		Location	Action
1-24-97	Union Bank and Trust Company Pottsville Schuylkill County		Pottsville	Effective
	Purchase of assets/assumption of liabilities of two branch offices of Pennsylvania National Bank and Trust Company, Pottsville, located at:
	101 North Front Street Auburn Schuylkill County		450 West Shamokin Street Trevorton Northumberland County
1-27-97	Pennwood Savings Bank, Pittsburgh    and Pennwood Interim Savings    Bank, Pittsburgh    surviving institution--    Pennwood Savings Bank, Pittsburgh		Pittsburgh	Approved and Effective
	Subject merger is being effected solely to facilitate the acquisition of Pennwood Savings Bank, Pittsburgh, by Pennwood Bancorp, Inc., Pittsburgh, new bank holding company.

Branch Discontinuances

Date	Name of Bank		Location	Action
1-27-97	Summit Bank Bethlehem Northampton County		3933 Freemansburg Ave. Bethlehem Northampton County	Filed

SAVINGS ASSOCIATIONS

No activity.

CREDIT UNIONS

Conversions

Date	Name of Credit Union		Location	Action
1-27-97	Norristown Bell Federal    Credit Union Blue Bell Montgomery County		Blue Bell	Filed
	To:
	Norristown Bell Credit Union Blue Bell Montgomery County
	Application represents conversion from a Federally-chartered credit union to a State-chartered credit union.

RICHARD C. RISHEL,   
Secretary

[Pa.B. Doc. No. 97-189. Filed for public inspection February 7, 1997, 9:00 a.m.]